Common use of Corporate Existence; Conduct of Business Clause in Contracts

Corporate Existence; Conduct of Business. The Company will continue to engage principally in the business now conducted by the Company. The Company will keep in full force and effect its corporate existence and any patents and other intellectual property rights used or useful in its business (except such rights as the Board of Directors, in its reasonable business judgment, has determined are not material to the Company's continuing operations).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Focal Inc), Stock Purchase Agreement (Genzyme Corp)

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Corporate Existence; Conduct of Business. The Company and its Subsidiaries will continue to engage principally in the business now conducted or proposed to be conducted by the CompanyCompany and its Subsidiaries. The Company will keep in full force and effect its corporate existence and any patents and other all intellectual property rights used or useful in its business (except such rights as the Board of Directors, in its reasonable business judgment, Directors has reasonably determined are not material to the Company's continuing operations).

Appears in 1 contract

Samples: Securities Purchase Agreement (Metropcs Communications Inc)

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Corporate Existence; Conduct of Business. The Company and its Subsidiaries will continue to engage principally in the business now conducted or proposed to be conducted by the CompanyCompany and its Subsidiaries. The Company will keep in full force and effect its corporate existence and any patents and other all intellectual property rights used or useful in its business (except such rights as the Board of Directors, in its reasonable business judgment, Directors has reasonably determined are not material to the Company's ’s continuing operations).

Appears in 1 contract

Samples: Securities Purchase Agreement (Metropcs California/Florida Inc)

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